Post
Topic
Board Announcements (Altcoins)
Re: Regalcoin – Regalcoincash Regalseven Decentralized Cryptocurrency
by
Fiatnam
on 30/01/2018, 03:12:53 UTC
Tried to send 80+ shares of $REC to an exchange, got an error something went wrong, haven't seen hide nor hair of the coin since this morning. Submitted a "support" ticket, which added to the list of other support tickets I've had since 2017 that are still in "Being Processed" status...

Sent myself a test amount "New Regal Code" from my Regal Code Balance in the hopes of being able to cash in my capital release for coin, it was successful, but I have no idea what it did.  I'm just down 100 of these "codes" in my Regal Code Balance, but the history tells me it was sent and it did generate a code.

Frankly, Regal is a load of bullshit. I made my money off the ico so I'm not at a loss, but it is my moolah, so I feel like I should get it back.

But, alas... here I am,  Grin Confused by what this new site is supposed to do, aside from hold my money hostage.
I understand what they're trying to do. Lending is probably done with the collapse of Bitconnect. They're trying to be frontrunners in what most, if not all, lending platforms will have to become to survive. So I like them being progressive here.

The problem people are having is that our initial contracts are now finished and we would like the CHOICE to do what we want to do with our money. Of course, that would trigger a sell-off, which would kill the platform... but that's not really our fault. We didn't lock people out of contracts, not answer support, and change contracts without approval.

All I can say is, at this point, it's time for Regal to show it can be sustainable. I'm pissed that I was forced into a new contract without my approval, but I will give Regal one more chance to prove its worth IF they can keep the program running.

Investors have every reason to wonder whether or not they'll keep that program running. What happens in 99 days, when everyone who is in a contract now decides to mass sell-off then? Right now, it looks like they're just kicking the can down the road. But we'll see. I hope the new program is sustainable (but I would be surprised if it lasted).